Palladium: Focused Bull Opportunity
Eric De Groot | Mar 27, 2017 01:09AM ET
Those that view the message of the market on a daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the bagholders of trend transitions.
P > 0 and REV > 0 define a focused up impulse (chart). This is bullish.
Matrix
Palladium has been a focused bull opportunity since November. This opp has recorded a 36% and 203% annualized and max annualized return for the bulls, respectively. It's been an excellent trade for the bulls.
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